REAL TIME MONITORING
3 challenges
Real time monitoring
Our cloud-based risk platform is tailored to help you master your ICT supply chain risks and comply with the Digital Operational Resilience Act (DORA) with efficiency and ease.
01.
Volume & complexity
Managing the vast volume and intricate nature of monitoring signals presents a considerable challenge. Effectively collecting, processing, and analyzing this data to extract actionable insights demands advanced data management and analytics capabilities. Organizations must adeptly navigate these complexities to ensure efficient monitoring and prompt decision-making..
02.
Multiple toolings
Real-time third-party monitoring often involves using different tools and systems to process various data feeds, leading to a fragmented oversight landscape. This fragmentation can hinder the ability to have a unified view of third-party risks and performance, making it difficult to assess the overall risk posture effectively
03.
Follow up
After identifying a potential issue or risk through real-time monitoring, the next critical step is the follow-up process. Ensuring timely and appropriate actions are taken in response to monitoring signals can be challenging, especially when dealing with a large volume of alerts, varying in severity and impact. Developing a prioritised, efficient follow-up mechanism and workflows are essential to address issues before they escalate.
Our solution
An all-in-one risk platform, provided by 3rdRisk
Adverse media monitoring: Receive real-time notifications in case of (adverse) news
Keep being updated with our adverse media monitoring feature, continuously scanning over 10 million global news media sources and conducting sentiment analysis to deliver only relevant content. Any negative publicity or potential red flags concerning your third parties are swiftly reported, enabling you to take immediate action to safeguard your reputation and address risks effectively. We offer compatibility with various news monitoring services.
Risk senses centralised alerts on Cybersecurity, sustainability, compliance and financial credit ratings
The risk sensing capabilities of our platform gathers data from various service providers to enhance your third-party catalog with cybersecurity, sustainability, compliance, and financial credit ratings. We offer pre-configured integrations with numerous reputable data providers. If you're subscribed to any of our partnered data providers, activating them within our platform is a seamless process, allowing you to quickly start receiving customized alerts.
Follow-up on alerts: make use of our pre-defined workflows and response templates
Upon triggering an alert, our platform offers predefined workflows to direct you through the required follow-up actions. This structured approach guarantees that each alert is handled efficiently and effectively, preserving the integrity of your third-party risk management procedures.
Trusted by top brands
Client Cases
Learn how client uses 3rdRisk to add value in their organisation.
Your return on investment
Thanks to automation, AI and smart workflows, 3rdRisk users save an average of 140 hours per 10 third-party assessments compared to traditional spreadsheet approaches. This quickly translates to a savings of 7 FTEs when more than 1000 assessments are sent out.
Design & Configure assessments
Response performance
Response rate
Review & assess assessment
Best-practices
In the Content Hub, we have best-practice content available for every industry and risk discipline, from sustainability and cybersecurity to continuity.
The SIG, short for “Standardized Information Gathering (Questionnaire)” is a third-party information security and privacy questionnaire.
Standardized Information Gathering (Questionnaire)
Still have a question?
Our experts are always here to help you out.
More Insights, less work: Learn how De Bijenkorf. Efficiently manages supplier risk with 3rdRisk.
Read more